1 Amendments of Georgios KYRTSOS related to 2015/0226(COD)
Amendment 339 #
Proposal for a regulation
Article 8 – paragraph 7 – point a
Article 8 – paragraph 7 – point a
(a) has declared insolvency, agreed with his creditors to a debt dismissal or reschedule or had a court grant his creditors a right of enforcement or material damages as a result of a missed payment within three years prior to the date of origination or had a court grant his creditors a final non- appealable right of enforcement or material damages as a result of a missed payment within three years prior to the date of origination or has undergone a debt- restructuring process with regard to his non-performing exposures within three years prior to the date of transfer or assignment of the underlying exposures to the SSPE, except if: (i) a restructured underlying exposure has not presented new arrears since the date of the restructuring and for at least one year thereafter; and (ii) the information provided by the originator, sponsor and SSPE in accordance with Article 5, paragraph 1, points (a) and (e)(i) explicitly sets out the proportion of restructured underlying exposures, the time and details of the restructuring as well as their performance since the date of the restructuring; (b) was, at the time of origination , where applicable, on a public credit registry of persons with adverse credit history;